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Author Topic: How good are you at managing your money  (Read 51519 times)
Sandroxa
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June 07, 2016, 08:19:33 AM
 #121

Even if you are holding your money it is a nice way to manage your money because than you are not even losing some money with it and that is really nice of the Bitcoin.
But of course it will be really hard to know what will happen in the future but saving and making an investment will be a nice combination.
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June 07, 2016, 02:14:18 PM
 #122

Even if you are holding your money it is a nice way to manage your money because than you are not even losing some money with it and that is really nice of the Bitcoin.
But of course it will be really hard to know what will happen in the future but saving and making an investment will be a nice combination.
Well that was a good managing or both good to do .its a win win situation .but now one thing is for sure this year is a good year to start smart managing your money it will be a good profit in the future.

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RobinHoodster
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June 07, 2016, 02:50:40 PM
 #123

Well, when i received my money from signature campaign, i always spare some to invest and the rest for saving. I think it's already good for managing my money.

Yes even I haven't spent my earning from signature campaign since long time, as I think it will be the good saving for bitcoin in future.
I am not good at all in managing money I always give out more money then i have to in the first week when I receive some money and I need to stop with that.
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June 07, 2016, 02:56:54 PM
 #124

I already had about 7 bitcoins and now and don't have even one... I have had a lot of financial problems and had to sell my bitcoins to pay my debts. Now I'm starting all over. Hope it is still not too late!
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June 07, 2016, 03:17:40 PM
 #125

I always keep an updated track record of my trades in every trading cycle to know the amount gained from individual trades and also as a whole.  And we have application's where to keep those record and I also keep my working station compact in a single device.

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June 07, 2016, 03:43:40 PM
 #126

the best way to manage money is investment!

a good investment even could be profitable in a long term and could give a good % each month/year that cash in a bank couldn't give!

Btc is another good investment but if you think that there are a lot of people that buying with 1200 $ hyipe on 2014 you can understand how it could be risky!
Yes thats its true I am actually looking forward to be able to join an investment this is a way of having a money and earning another money. I would really loved to join some investment in order to be able to have an extra money other than the salary that I have right now. Well I even manage to save some of my money but not much as usual and get insurance with investment in order to be ready on retirement. I want to have more than just tat kind of investment but should some loads of it for monthly extra cash when needed.

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June 07, 2016, 03:59:01 PM
 #127

Considering that my financial situation hasn't collapsed yet, I would say that I am a relatively good manager of my money.

I have a decent financial emergency fund, I have a few diverse sources of income that would be able to keep me moving in the worst circumstances, and I haven't been completely swamped by debt yet, so things are seeming up so far.
pearl11
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June 07, 2016, 04:06:12 PM
 #128

Im very good in managing my bitcoins or even my money,,i only use my money to buy some stuffs that i will use in my daily life,i dont want to put my money in a thing that has no value ..even in bitcoins i only use my btc in buying top up  and not putting it on hyip and ponzi sites
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June 07, 2016, 04:26:01 PM
 #129

It is not that I praise myself but people who know me say that I am very good in managing financial matters.I know this also because I am doing successfully to go well so far.I am not good in trade but in investment and money keeping/saving I am very good this is all.
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June 07, 2016, 06:33:21 PM
 #130

I'm not so good as I would like to be. Somehow money always slips through my fingers. But I'm trying to make some financial planns to control the spending of money and to save more. I'll see how this will go. Maybe someone here has experience with financial advisors, are they worth anything?

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June 07, 2016, 11:59:43 PM
 #131

for real i'm not good in managing my money.

especially when i have bitcoin, i always deposit it to my favorite gambling site

and gamble with it, i always lose of course, i seldom win, and everytime i win

i just keep on gambling them. so in the end i will still lose my bitcoin.

its hard to control if you are holding bitcoin and your hobby/ past time is gambling.

i always cant do that
I know how difficult it is to manage money and manage finances in bitcoin ? there will always be a desire to spend bitcoin and it was inevitable. especially if you're addicted to gambling then it will be more difficult for you to manage finances. The first maybe you should get out of gambling. and you can make a plan to manage finances


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June 08, 2016, 01:10:53 AM
 #132

Im not so good in managing my bitcoins. I am attracted to new steam games and buy with my bitcoin. I cant save big  causr i don manage to control my self in buying new games in steam
I think you should be able to hold yourself to buy stuff that you want dude. may not be a problem if you buy it in a rational number, but if you're addicted to buying. it would be better if you avoid it. It would therefore be against you. you have to be clever in managing the bitcoin
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June 08, 2016, 02:13:17 AM
 #133

Im not so good in managing my bitcoins. I am attracted to new steam games and buy with my bitcoin. I cant save big  causr i don manage to control my self in buying new games in steam
I think you should be able to hold yourself to buy stuff that you want dude. may not be a problem if you buy it in a rational number, but if you're addicted to buying. it would be better if you avoid it. It would therefore be against you. you have to be clever in managing the bitcoin


Cant really avoid consumerism, because it alienates everyone who isnt in the trend.

Therefore its like a endless cycle of "hey I got this" and "you want this too" mind set for most.

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June 08, 2016, 03:20:43 AM
 #134

Im not so good in managing my bitcoins. I am attracted to new steam games and buy with my bitcoin. I cant save big  causr i don manage to control my self in buying new games in steam
I think you should be able to hold yourself to buy stuff that you want dude. may not be a problem if you buy it in a rational number, but if you're addicted to buying. it would be better if you avoid it. It would therefore be against you. you have to be clever in managing the bitcoin


Cant really avoid consumerism, because it alienates everyone who isnt in the trend.

Therefore its like a endless cycle of "hey I got this" and "you want this too" mind set for most.
It is really the discipline that is very important in managing your money, the rules and procedure can be easier to search but the implementation is really hard if you don't have a discipline. There are a lot of temptation out there so if you don't have a discipline you end buying unnecessary things.

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June 08, 2016, 03:47:05 AM
 #135

I'm okay with managing my money, the best thing I can with my money is honestly saving it up.
The other things are hard for me because I also spend sometimes too much in one time...


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June 08, 2016, 05:51:46 AM
 #136

After started using bitcoin, gradually my managing capability increased. When years passed my earning increased because started saving in terms of bitcoin.

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June 08, 2016, 05:54:41 AM
 #137

My managing of money is very bad i am still need learn more about that  Huh

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June 08, 2016, 06:00:22 AM
 #138

While we are all here on this forum to earn one way or another, how well do you manage that money after you've earned it. Do you trade your Bitcoin as fast as you can spending it all in a day or do you save it? I recently got paid for a job I did in programming and i keep finding myself wanting to spend more of that money i made. I have a lot of credit card debt and that is not good. I have destroyed only two ofg my credit cards to which I owe thousands of dollars on.

how do you spend your money?

I`m not very good at managing my money and i`m even worse at earning money.

I guess i will be poor forever  Undecided

I hate spending money or btc.I prefer to save and invest,if there are any good investment opportunities.

I have small savings,but i`m poor  Grin

jhenfelipe
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June 08, 2016, 06:20:54 AM
 #139

I think I'm pretty good in managing my money. Whenever I have money, I already have plans on what to do with it. Ofcourse the first thing I do is to save some portion of it. Saving before spending is a pretty good deed for me so that no matter what happens, I have my savings. Second thing is, I do spend my money on the things that I really need, the things that are really important. I'm keeping in my mind that I can't afford everything, that's why I'm always thinking wisely before spending, for all my efforts on working become really worth it.
hermanhs09
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June 08, 2016, 07:32:52 AM
 #140

I'd say not very good at it currently, since I'd rage bet most of my money away before I get a chance to access those savings. But I'm trying to improve on my managing skills for sure.

I think not getting lured into investment schemes as well as gambling is a very important part of managing your money. If you just save and not invest, then that's not good either.
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